01111pab a2200145 454500008004000000100002400040245004300064260000900107300001600116362001100132520074000143650002800883650002000911773003400931180718b2003 xxu||||| |||| 00| 0 eng d aAiyar, Mani Shankar aEconomic policy in a democratic polity c2003 ap.5041-046. a29 Nov aDoes not the poor performance of Indian manufacturing under reforms have something to do with the disjunction between economic policy and the democratic polity that has become increasingly apparent over the last decade? Our reform paradigm cannot take the polity of the `Asian tigers' as its exemplar. It has to be based on the imperatives of our democratic polity. This essay pleads for panchayati raj to be made the centrepiece of the reforms process instead of the sideshow to which it has been relegated. Not until they are carried to the people through institutions of self-government at the district and sub-district levels will reforms acquire the popular momentum they need to be sustained in a democratic polity. - Reproduced. aIndia - Economic policy aEconomic policy aEconomic and Political Weekly